President Trump said 145% tariffs on Chinese imports will "come down substantially" as his administration expressed optimism about a trade deal.

US President Donald Trump has signaled a potential U-turn on his trade war with China amid continued market volatility, saying the high tariffs on Chinese goods will “come down substantially, but it won’t be zero.

Amidst ongoing market volatility, Trump stated that the high tariffs on Chinese products will "decrease substantially, but not to zero." These remarks, made during an event at the White House, seem to signal a rhetorical retreat after weeks of firm posturing and retaliation,